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TiVo goes global with Cubiware buy

TiVo expands global presence with Cubiware purchase

TiVo expands global presence with Cubiware purchase

Advanced TV company TiVo has acquired pay-TV software firm Cubiware.

Cubiware is based in Warsaw, Poland and has relationships with approximately 40 customers across Latin America, Europe, and the Middle East and Asia, representing approximately 12 million Pay-TV subs. The acquisition will expand TiVo’s international presence in 25 countries.

“Cubiware immediately accelerates our global Pay-TV efforts and enables us to more rapidly reach an even larger portion of the international market, which is expected to grow to more than a billion subscribers by 2020,” explains Tom Rogers, TiVo’s President and CEO. “Cubiware’s recent growth reflects its strong position in markets that are experiencing rapid pay television expansion.”

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